Coinbase's total revenue in the first quarter was $2.03 billion, which was lower than expected

Odaily News Coinbase's total revenue in the first quarter was $2.03 billion, while analysts expected $2.11 billion; adjusted EBITDA in the first quarter was $929.9 million, while analysts expected $971.1 million; trading revenue in the first quarter was $1.3 billion, while analysts expected $1.33 billion; subscription and service revenue in the first quarter was $698 million, while analysts expected $702.5 million; subscription and service revenue in the second quarter is expected to be $600 million to $680 million.